Weekly Economic & Political Timeline – Sunday, July 16

There are some important high-impact news items scheduled this week, primarily affecting the Euro, Japanese Yen, and Australian Dollar, as well as the Chinese Yuan. Therefore, volatility this week should be approximately the same as it was last week.

The market will probably be most active on Thursday.

Monday is a public holiday in Japan.

U.S. Dollar

It will be an unusually quiet week for the greenback, starting on Wednesday with Building Permits data. There will be a release of Unemployment Claims numbers on Thursday.

Chinese Yuan

It will be an important week for the Yuan, with releases of GDP and Industrial Production data due on Monday.

Euro

It will be an important week for the Euro, with the European Central Bank releasing its Minimum Bid Rate on Thursday, followed by the usual press conference.

Japanese Yen

It will be an important week for the Yen, with the Bank of Japan releasing its Monetary Policy Statement, Outlook Report and Policy Rate on Thursday, followed by the usual press conference.

Australian Dollar

It will be an important week for the Aussie, with the Reserve Bank of Australia releasing its Monetary Policy Meeting Minutes on Tuesday. On Thursday, we will get Unemployment Rate and Employment Change data.

British Pound

It will be a reasonably busy week for the British Pound, with CPI data due on Tuesday. The Governor of the Bank of England will also be speaking later that day. On Thursday, we will get Retail Sales data.

Canadian Dollar

It will be a reasonably quiet week for the Loonie, with nothing due until Friday, with releases of CPI and Core Retail Sales data.

New Zealand Dollar

It will be a quiet week for the Kiwi, with nothing due except a release of CPI data on Tuesday.